Revenue

Vodafone, the telecoms group targeted by activist investor Cevian Capital, said it was working to improve shareholder returns by tackling weaker parts of its business, as it reported a rise in quarterly revenue.Chief Executive Nick Read said Vodafone had delivered a "solid quarter," with a 2.7 percent rise in third-quarter group service revenue, including consistent growth in its biggest market Germany.Analysts, however, said investors were focused on consolidation opportunities in markets such as Italy and Spain, which…

Call of Duty: Mobile has surpassed the $1.5-billion (roughly Rs. 11,265 crore) revenue mark in lifetime microtransactions, as per the latest data from Sensor Tower. The game has achieved this revenue milestone in lifetime spending across its Android and iOS. Call of Duty: Mobile was developed by Tencent's Timi Studios, along with Activision, and was launched in 2019. As per Sensor Tower, the US ranks as the top country to spend the most money in Call of Duty: Mobile with more than $647 million (roughly Rs. 4,855 crore) in…

Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion (roughly Rs. 83,620 crore), exceeding the combined sales of its rivals Twitter Inc and Snap Inc, according to research firm Insider Intelligence.TikTok, which is owned by Chinese company ByteDance, is one of the world's most popular social media apps, with more than 1 billion active users."TikTok's user base has exploded in the past couple of years, and the amount of time users spend on the app is extraordinary," said…